Ethereum ETFs Attracted $104 Million, With Weekly Inflows Tripling Bitcoin's Cumulative Inflows
Cryptocurrency ETF investors started the week with strong purchases but ended with a significant market exit. From July 20-24, U.S. spot Bitcoin ETFs attracted $33.79 million in net inflows, while Ether ETFs garnered $103.90 million—approximately triple the Bitcoin total. XRP ETFs saw $8.15 million, and Solana products attracted $7.2 million. Hype (HYPE) ETFs experienced an outflow of $8.61 million.
Bitcoin ETFs opened with three strong sessions but faced major outflows on Thursday ($225M) and Friday ($240M), reducing the net weekly gain. IBIT (BlackRock) and GBTC (Grayscale) recorded outflows, while ARKB (ARK 21Shares) and Bitcoin Mini Trust (Grayscale) led inflows. The weekly Bitcoin inflow fell 55% from the prior week.
Ether ETFs demonstrated stronger, consistent demand throughout the week, highlighting sustained institutional interest driven by its utility in DeFi, stablecoins, and corporate treasury strategies. Altcoin ETF flows were more muted, with XRP and Solana seeing mixed results and HYPE ETFs facing continued outflows.
The week's two-phase pattern reflected shifting risk sentiment, with early crypto demand giving way to caution amid concerns over AI spending reports and rising oil prices. Analysts note that low-cost crypto ETFs are increasing competitive pressure on traditional high-margin crypto exchanges.
cryptonews.ruHace 2 días 16:45
